So, how’s that shiny new car you’re driving? You know. The one built by inferior automakers in the U.S.?
CARS (a.k.a. Cash for Clunkers)
Well, the results are in and our government screwed us to the tune of $24,000 per car sold in the Cash for Clunkers program. Let’s just round that off to three billion dollars of your money. A million here, a million there and soon we’re at a billion or three.
No. That’s not a typo.
Only the most powerful nation on earth could spend $24,000 a vehicle in one of the biggest scams perpetrated by the Obama Administration — ObamaNation.
And The Leftys want ObamaCare funded with your money?
According to Edmunds.com, ‘the premier resource for online automotive information’, they figured out the fuzzy math and determined the Cash for Clunkers program cost taxpayers (the ones Obama promised to steal from) an astronomical $24,000 per vehicle sold in the program.
The Leftys don’t care because it’s your money. They know how better to spend your money than you do.
The Class Warfare Specialists don’t care because the ObamaNation is sticking it to rich people — those who make over $65,000 per year.
CARS only saw an approximate increase of 18% in car sales; that’s an extra 125,000 vehicles sold during the scam (program) that would’ve never been sold anyways.
Edmunds.com CEO Jeremy Anwyl said the reason they performed the analysis was two-fold: “[A] complete assessment of the program’s impact and costs,” and the analysis, “can help us to understand the true state of auto sales and the economy.”
The average 9.8 percent unemployment rate (but really 19%) out-of-work American could’ve told him the economy stinks and the automaker-bailout is just another corporate welfare program shoveled onto the backs of taxpayers.
Pretty straightforward. Edmunds.com has no apparent axe to grind. They’re in the business of data analysis. They probably have more PhDs and statisticians working these numbers over than the government.
The Other Shoe (Car) Drops
Are you sitting down?
Anwyl and Edmunds.com’s team of PhDs and statisticians report without the Cash for Clunkers program, “… sales would have been even better.”
I’ll give you time to clean-up your drink you just spit across your computer.
People rushed out to get a government handout when they should’ve saved their money. Probably the same people who got caught up in the sub-prime mortgage scam. Obama said we don’t save as a nation. Hypocrite.
I wonder what the repossession rate is going to be in the next few months? Edmunds.com? You listening?
You Got Screwed America
Once again our government, in order to boost numbers on the depression-leaning economy — to take the heat off ObamaNation — spent $24,000 per car just so they could claim the economic stimulus package was a success.
Show me the money.
George W. Bush once said, “It’s fuzzy math.”
Well, here it is:
125,000 extra cars sold during the program
$3,000,000,000 dollars spent on the program
Equals $24,000 per vehicle sold
Where did the money go? In wasted government time and services.
Click here for the Edmunds.com Press Release
The White House’s Take
Two days after the Edmunds.com report was released, White House Press Secretary Robert Gibbs said, in response to questions by Major Garrett of Fox News over the scam, “I’ll go back and look at the math figures on this. I think what’s undeniable, Major, is that the recovery plan is helping the economy grow, right?”
You see. ObamaNation wants you to believe their strategy is working to save America.
Numbers are numbers — best served cold.
Are you mad enough yet, America?
WRITE.VOTE.RECALL
I am,
The Hollywood Republican
